Hyatt affiliate signs deal with Tokyo Bay Resort Development for Japan's first Hyatt Place

A Hyatt affiliate has entered into a management agreement with Tokyo Bay Resort Development--a subsidiary of Sogo Development--for a Hyatt Place hotel near Tokyo Disney Resort in Chiba, Japan. 

Upon its opening (currently slated for 2019), the Hyatt Place Tokyo Bay will be the country’s first Hyatt Place hotel. Hyatt currently has 10 properties open in Japan, six of which are Hyatt Regencies.

Hyatt Place Tokyo Bay will be located at Urayasu City in Chiba Prefecture, less than three miles from the Tokyo Disney Resort. The 10-story hotel will have 365 guestrooms.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

“We are excited to work with Hyatt to bring the first Hyatt Place hotel to Japan,” Shinya Ozawa, president and CEO of Sogo Development, said in a statement. “We will continue to work alongside Hyatt to create a hotel that is loved and valued by all guests while still meeting the high expectations of the people living in the area.”

“This opening will mark a very important milestone for Hyatt’s brand growth strategy as the company expands its portfolio in key locations within the country,” Hirohide Abe, SVP of Hyatt, Japan and Micronesia, said.

Suggested Articles

The XR Event Planner places event planners, buyers and hotel sales staff in a virtual reconstruction of an event space.

The collaboration will develop full-service property-management capability that will combine with Sabre’s existing hospitality solutions.

When developing an on-property spa, hoteliers should consider what its strategic objective will be and plan accordingly.